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Elmer Bancorp (Elmer Bancorp) Scaled Net Operating Assets : 0.06 (As of Dec. 2007)


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What is Elmer Bancorp Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Elmer Bancorp's operating assets for the quarter that ended in Dec. 2007 was $206.99 Mil. Elmer Bancorp's operating liabilities for the quarter that ended in Dec. 2007 was $193.76 Mil. Elmer Bancorp's Total Assets for the quarter that ended in Sep. 2007 was $215.55 Mil. Therefore, Elmer Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2007 was 0.06.


Elmer Bancorp Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Elmer Bancorp's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2007 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2007 )
=(Operating Assets (A: Dec. 2007 )-Operating Liabilities (A: Dec. 2007 ))/Total Assets (A: Dec. 2006 )
=(206.986-193.756)/211.162
=0.06

where

Operating Assets(A: Dec. 2007 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=212.265 - 5.279
=206.986

Operating Liabilities(A: Dec. 2007 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=194.431 - 0.675 - 0
=193.756

Elmer Bancorp's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2007 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2007 )
=(Operating Assets (Q: Dec. 2007 )-Operating Liabilities (Q: Dec. 2007 ))/Total Assets (Q: Sep. 2007 )
=(206.986-193.756)/215.545
=0.06

where

Operating Assets(Q: Dec. 2007 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=212.265 - 5.279
=206.986

Operating Liabilities(Q: Dec. 2007 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=194.431 - 0.675 - 0
=193.756

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


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Elmer Bancorp (Elmer Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
10 South Main Street, P. O. Box 980, Elmer, NJ, USA, 08318
Elmer Bancorp Inc is a bank holding company incorporated in the State of New Jersey. Its First National Bank of Elmer (the Bank) operates under a national bank charter and provides a complete line of business and personal banking products. The Bank operates through its six full-service offices located in Cumberland, Gloucester and Salem counties in New Jersey. The majority of the Bank's activities are with customers located within Southern New Jersey.